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Live365
As far as I can tell the numbers are correct, but they will only lose money if everyone draws that much listenership. I also thought there was a limit to the amount of listeners one could have at any given time, but I'm not sure. I'm sure it'll work much like insurance does; premiums pay for the few with large claims, or in this case, everyone pays for the small percentage that actually draws a large listening audience, thus allowing Live365 to pay the fees.
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